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Results (9,277+)
Andrew C. what do you use to track FixedAssets for depreciation/amortization?
9 September 2024 | 12 replies
Unfortunately, it doesn't help with the integration with QB but if you've got the amounts set up, you can always create recurring JEs in QB to automatically post the depreciation/amortization expenses as often as you prefer.
Edwin Buitrago Short term rental management sites
8 September 2024 | 15 replies
You'll need your own credit card processor for that one too - Square and Stripe are integrated with the platform.
William Harvey Accounting for house flippers
10 September 2024 | 29 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.
Steve Seger Seeking Recommendations for Acquisitions Management Software
6 September 2024 | 0 replies
Dealpath seems like it could be a great fit if we scale as projected over the next 3 years, but I want to make sure we're choosing the best tool for our needs.Ideally, we're looking for software that allows us to integrate our existing Excel models and helps with deal organization and KPI tracking.
Brandon Morgan Is a property manager necessary?
9 September 2024 | 21 replies
OR spend time making your own PM business and become vertically integrated.
Morgan Gutierrez legal timeline for updating investors
7 September 2024 | 10 replies
My integrity is all that I have.
Ashley Dewees Hopeful Investor in the Cincinnati/NKY area
2 September 2024 | 7 replies
I am a veterinarian and absolutely love my career, however I feel strongly that real estate could be an excellent side-gig or even perhaps a great way to move into a second career whenever I'm ready to retire from veterinary medicine
Roberto Westerband First Lien HELOC Strategy
8 September 2024 | 168 replies
The advantage of this LOC is that it offers an integrated checking account/routing acct # so you can treat the loan as a "checking account," and it auto sweeps or calculates interest daily and closes out your position so that means any funds credited to your account can lower your daily interest cost.I have one that is fixed for 5 years interest only but its a commercial LOC that I use for acquisitions and it calculates simple interest which is nice when you want to make early payments or if you'd like to do those pay check parking strategies or rapid debt free strategies.Most lines of credit do not have escrowed tax and insurance so this means you will have to pay it on your own.When I do LOC's on rental's I just have the PM (property management) take over the responsibility of escrowing the property taxes and insurance so I dont have to remember when to pay them.Typically LOC's are full recourse but at a low enough LTV Im sure you can negotiate a non recourse LOC but that'd probably be in the commercial realm at a bank small enough where they'd be willing to negotiate, probably.
Nicholas Hausmann Springfield, IL investing
3 September 2024 | 50 replies
Springfield has 2 big hospitals and a School of Medicine and lots of political travelers so mid terms can do well.
Caroline Notman Fix or quit vs Put up with them for 5 more months
4 September 2024 | 11 replies
Once you start violating the integrity of your own lease, you are on a slippery slope.